In American History, 1619 Is Important Because in That Year

question 11

Multiple Choice

In American history, 1619 is important because in that year

• A) blacks from Africa first arrived in English America.
• B) tobacco was first cultivated in Jamestown.
• C) the House of Burgesses was established for the Virginia colony.
• D) Jamestown was founded.
• E) Puritans arrived in Massachusetts Bay.

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Definitions:

Salvage Value

The estimated resale value of an asset at the end of its useful life.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period, used in capital budgeting to assess the profitability of an investment.

Average Rate

A figure representing the median value of a variable over a specific period, such as interest rates or currency exchange rates.

Capital Investment

Refers to funds invested in a business or enterprise with the intent of furthering its business objectives, such as acquiring new assets or launching new projects.